Analysis – Page 43
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AnalysisRestoring mangroves to build coastal resilience
Globally, mangroves reduce flood damages by $65 billion every year; insurance solutions are critical to post-storm restoration
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AnalysisWide area damage principle is key to quantifying BI claims
An uptick in COVID-related BI claims is expected following the UK FCA test case, primarily from the hospitality sector
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AnalysisBoE: Climate disclosures will become mandatory
Setting out pathways to mandatory TCFD disclosures should be a “priority” for public authorities, according to the Bank of England
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AnalysisHurricane Delta claims up to $3bn - AIR
Hurricanes Laura and Delta made landfall roughly 12 miles and six weeks apart on the Louisiana coast
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AnalysisGreece and Portugal count cost of September storms
Medicane Ianos brought rough seas, damaging winds, and flooding rainfall to western and southern regions of Greece
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AnalysisSwiss Re Corporate Solutions and Hitachi launch ‘smart manufacturing’ solution
Insurance-based solutions will initially focus on manufacturing and transport firms that are adopting AI and other cutting-edge technologies
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AnalysisHow COVID-19 is reshaping the risk landscape
The pandemic will shape future loss trends with changes to working environments, travelling habits and supply chain networks, predicts AGCS
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AnalysisClimate change analytics tool launched
Data suite from JBA will help global financial services firms plan for their future and understand possible flood risk under different climate scenarios
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AnalysisH&M hit with record-breaking GDPR fine
The Swedish fashion house has been fined over €35m for breaching EU GDPR laws in a landmark ruling
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AnalysisRIMS to host virtual ERM conference
The conference on 4 and 5 November will explore ERM as a catalyst for successfully navigating today’s volatile risk landscape
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AnalysisFCA files ‘leapfrog’ BI appeals
The ‘leapfrog’ application has been filed on a “precautionary basis” by the UK regulator and seven insurers
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AnalysisClimate Week: CCRI warns of ‘cascading’ risk
COVID-19 should not be allowed to derail progress made in driving greater climate resilience, warns cross-industry climate initiative
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AnalysisDAY 3: Three trends that will shape the world
Four experts at Airmic Fest identified longevity, digitalisation and climate change as three trends that will change the way we do business. Here’s how they’ll affect risk management.
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AnalysisDAY 3: COVID-19 has given risk managers an opportunity to shine
Risk managers are more visible to boards than ever, so they must take this opportunity to sell the importance of loss prevention, risk management and resilience
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AnalysisDAY 3: Reputational risk
Uncertainty is stoking much of the fear surrounding reputational risk and its potential sources
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AnalysisDAY 2: Getting a grip on intangibles
Lockdown has prompted significant investment by many companies in intangible assets, as they adapt to the new environment. This includes human capital and digital platforms, according to a live Q&A at Day 2 of Airmic Fest.
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AnalysisCOVID-19 is fuelling cyber losses
Risk professionals believe the cause of losses will be divided almost evenly between data breach, ransomware, and business interruption
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AnalysisCorporates face “tsunami of insurance price increases”
Insurers and brokers should use the hardening market “to demonstrate their value and treat customers with the respect” - Mactavish
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AnalysisClosing the gaps on reputational risk management
Airmic, RIMS and RepTrak have released a joint report on future of reputational risk, following interviews with leading risk leaders in the US and Europe
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AnalysisDAY 1: COVID-19: Liability claims spike
While the initial focus of COVID-related claims has been on business interruption and the well-publicised dispute between policyholders and insurers, a second wave of COVID-related liability claims is set to hit businesses on the employee and public liability side.
